All articles by Kuldeep Jha
Kuldeep Jha
PayPal reportedly in sale talks with consortium including Stripe and Advent
In July, Stripe and Advent had submitted a joint bid of $60.50 per share, valuing the payments company at about $53bn.
Payments processing firm Stripe to acquire OpenRouter for over $7bn – report
In May, OpenRouter said it served eight million developers across more than 400 AI models.
DivDat completes acquisition of Meridian Integration
The deal combines DivDat’s payment operations with Meridian Integration’s software for customer engagement, self-service and communications.
American Express expands virtual cards for US commercial customers
By adding virtual cards to @ Work, American Express is placing the payment option inside an existing spending management workflow.
Bybit.eu broadens European offering with Austrian EMI licence
The licence allows Bybit Payments GmbH to provide regulated e-money and payment services through the Bybit.eu platform.
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Kraken rolls out Mastercard crypto debit card in UK and Europe
The card offers up to 2% cashback, paid weekly in Bitcoin, euros or pounds.
Block settles Cash App case with 46 US states for $45m
State officials alleged that Block’s marketing gave users the impression that Cash App provided bank-like protections.
Nium acquires crypto wallet and issuing firm Cypher
Cypher was founded by Kuberan Marimuthu and has received backing from Y Combinator and Coinbase Ventures.
Japan’s SBI Holdings to buy crypto exchange Bitbank
The two exchanges are expected to hold around Y1.1tn in assets under custody and serve about 2.92 million crypto accounts.
Airwallex raises $320m in Series H round at $11bn valuation
The company will use the proceeds to speed up product development in autonomous finance and agentic commerce.